Score instant equity in this new construction deal $70k under appraisal that makes for a perfect house hack, STR or LTR with numbers that pencil for multiple exit strategies! Buy one or both duplexes side by side on this newly developed dead end street. Thoughtful multi use ability with an interior door allowing access to both units to be rented separately as 3/2 or combined as 6/4 for THREE listings on AirBnb in each duplex, you can sleep up to TWENTY in each of these gorgeous homes!
The LOCATION is street legal golf cart distance to the beach! NO HOA!! These properties feature peak-a-boo water views of the bay across the street in an up and coming neighborhood with new development all around. They border the high end residential community of The Preserve just past Bay Point Golf Course, and only minutes to white sandy beaches, marinas and popular restaurants like Captain Anderson's. A short drive to the new ball field and skate park, this location will be perfect for hosting large ball teams and multi-family functions. PCB has VERY limited inventory on properties this size and at this entry price you'll beat out all the competition with very low maintenance cost for years to come!
An AirBnb superhost herself & experienced local builder, no guest comfort was overlooked in this thoughtful design with features like:
Ample parking and turn ratios for RV's and all the water sports toys
High end, modern construction with XL trim, black fixtures, and popular color schemes
Probolt hurricane protection & foam insulation on roof deck
Extra insulation within firewall interior walls for added sound deflection
Impact windows, high ceilings, & XL closets for luggage
High end kitchen appliances, center island and open concept floor plan perfect for entertaining large groups
Builder will work with savvy investor to completion for highest and best use in JV partnership if only purchasing one property OR to complete as requested for new buyer by adding:
Florida Outdoor Lifestyle area with 12x24 ft. pool, hardscaping, pickleball / tennis court, 1 BR/ 1 BA game room & outdoor kitchen in a pole barn structure for 4 more occupants, & RV pad.
If you purchase both side-by-side properties you can comfortably host FORTY-EIGHT people + two RV's with over $280k projected gross annually for two side-by-side properties!
Additional details:
Current Insurance cost - $3k / annually Estimated Taxes - $4500 / annually
Flood Zone X (no flood insurance required) City Sewer
Huge Lots over ¼ acre
Water is metered together for both sides of the duplex
Electric is metered separately for each side of the duplexes
Termite Bond
Estimates for highest & best use upgrades as STR available upon request.
Irrigation and sprinkler system is in place - only a well needs to be added @ $3675 w/ electric
Sold for $672,000 on 04/08/24
$672,000
2823 Susan Ave, Panama City Beach, FL 32408
6beds
3,236sqft
Duplex, Multi Family
Built in 2023
-- sqft lot
$682,000 Zestimate®
$208/sqft
$2,574 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: 9 hours ago
Listed by:
Crystal Ball 205-329-0759,
EXP Realty LLC
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 752812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Description: First Floor Unit
- Level: First
- Dimensions: 12.5 x 14
Primary bedroom
- Description: Second Floor Unit
- Level: Second
- Dimensions: 12.5 x 14
Bedroom
- Description: First Floor Unit
- Level: First
- Dimensions: 12.5 x 12.5
Bedroom
- Description: First Floor Unit
- Level: Second
- Dimensions: 11 x 15
Bedroom
- Description: First Floor Unit
- Level: First
- Dimensions: 11 x 15
Bedroom
- Description: Second Floor Unit
- Level: Second
- Dimensions: 12.5 x 12.6
Primary bathroom
- Description: Second Floor Unit
- Level: Second
- Dimensions: 12.5 x 5.2
Other
- Description: Second Floor Unit
- Level: Second
- Dimensions: 9 x 10.7
Other
- Description: First Floor Unit
- Level: First
- Dimensions: 12.5 x 5.2
Other
- Description: First Floor Unit
- Level: First
- Dimensions: 9 x 10.7
Kitchen
- Description: Second Floor Unit
- Level: Second
- Dimensions: 20 x 10
Kitchen
- Description: First Floor Uni
- Level: First
- Dimensions: 20 x 10
Living room
- Description: First Floor Unit
- Level: First
- Dimensions: 20 x 15
Living room
- Description: Second Floor Unit
- Level: Second
- Dimensions: 20 x 15
Storage room
- Description: Second Floor Unit
- Level: Second
- Dimensions: 4 x 10.6
Storage room
- Description: Second Floor Unit
- Level: First
- Dimensions: 4 x 10.6
Appliances
- Included: Electric Cooktop, Electric Oven, Ice Maker
Features
- Storage
Interior area
- Total structure area: 3,236
- Total interior livable area: 3,236 sqft
Property
Lot
- Size: 0.30 Acres
- Dimensions: 163' x 70'
Details
- Parcel number: 31363005000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- HardiPlank Type
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Magnolia Beach 2nd Add
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$682,000
2% more+$13,640
With Zillow Showcase(estimated)$695,640